Stocks fell at the end of trading on Wednesday after recently released FOMC meeting minutes revealed that staffers at the U.S. Federal Reserve expect the U.S. economy to fall into a recession later this year. While Michael Barr, Vice Chair for Supervision, described the banking sector as “sound and resilient,” FOMC staff said they believe [...]
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The continued market volatility is making many investors justifiably nervous, especially high-net-worth investors seeing their portfolios drop in value while still expecting high capital gains. But there’s one way that high-net-worth investors can take advantage of market choppiness: using direct indexing technology for tax-loss harvesting opportunities. Tax loss harvesting involves selling an investment at a [...]
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VettaFi’s associate director of research, Roxanna Islam, appeared on TD Ameritrade’s The Watch List program Wednesday to discuss consumer spending data and consumer discretionary ETFs. Despite inflation dominating the news, U.S. consumers still have a strong desire to spend, she explained, a durable trend thanks to consumers’ willingness to find different ways to spend in [...]
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In trading on Wednesday, shares of the Vanguard Consumer Discretionary ETF (Symbol: VCR) crossed below their 200 day moving average of $245.37, changing hands as low as $243.61 per share. Vanguard Consumer Discretionary shares are currently trading off about 1.5% on the day.
In trading on Wednesday, shares of the KWEB ETF (Symbol: KWEB) crossed below their 200 day moving average of $28.86, changing hands as low as $28.56 per share. KWEB shares are currently trading off about 4.7% on the day. The chart below shows the one year performance of KWEB
In trading on Wednesday, shares of the FDIS ETF (Symbol: FDIS) crossed below their 200 day moving average of $63.51, changing hands as low as $63.09 per share. FDIS shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of FDIS
Another edition of weekly ETF flows is in the book, and this week, it’s gold that stood out, driving flows into the commodities category overall. Gold ETF flows may be responding to global turmoil that has also seen central banks worldwide buy significant amounts of the precious metal, as a downturn in markets may be [...]
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We have written about three important domestic characteristics that we think will act as pillars to support impressive U.S. eco-nomic growth in the decade ahead: strong household balance sheets, strong corporate balance sheets, and positive demo-graphic trends. A fourth pillar of economic growth is the fractur-ing of global trade networks. Previous decades saw the development [...]
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While value- and yield-oriented factors continue to fall out of favor, investors are now turning to quality. The Invesco S&P 500 Quality ETF (SPHQ) has seen a spike in flows year to date. SPHQ, which has $4.7 billion in assets under management, has seen the third greatest net flows year to date across Invesco’s lineup of [...]
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Direct investments in MLPs come with tax complications; however, investing through ETFs can simplify the experience. While MLPs are a highly tax-efficient way to own midstream energy infrastructure assets, investors that hold individual MLPs have to deal with the hassle of a K-1 tax form, which typically arrives late in filing season (typically in February [...]
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Headline inflation in the U.S. declined in March, while underlying core inflation, a metric watched closely by the Fed, rose marginally, indicating that the Fed still has a complex path ahead in order to bring inflation back to its 2% target. As the U.S. faces down recession, income preservation becomes even more of a priority [...]
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Wednesday’s CPI report had some positive news for markets as overall inflation continued to drop, but with underlying price pressures still keeping core CPI hotter than the Fed wants, “higher for longer” rates are very much in the cards. Core prices ex-food and energy actually accelerated from 5.5% in February to 5.6% in March. As [...]
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The iShares Emerging Markets Equity Factor ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.2 million shares traded versus three month average volume of about 147,000. Shares of EMGF were down about 1% on the day.
In trading on Wednesday, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF is outperforming other ETFs, up about 1.2% on the day. Components of that ETF showing particular strength include shares of National Instruments, up about 9.6% and shares of Cen
China’s re-opening could have a profound impact on corn prices moving forward. The second-largest economy is sloughing off the economic effects of a resurgence in COVID cases, and bullish corn investors could stand to benefit. “I think there’s some things on the demand side of the balance sheet we’re watching,” said Joe Vaclavik of Standard [...]
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As consumers continue to wrestle with inflation, one of the ways Amazon could support its revenue generation is through retail media advertising. Data from a Barron’s article noted that retail advertising revenue hit $80 billion globally in 2022 (excluding China). “We see a $130 billion opportunity in retail media advertising by 2025,” said Morgan Stanley [...]
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Fritz Folts, 3EDGE Chief Investment Strategist, and Steve Cucchiaro, CEO and Chief Investment Officer, discuss the recent developments in the banking sector. 3EDGE Asset Management Website: http://3edgeam.com/ Subscribe to the 3EDGE YouTube Channel here: https://www.youtube.com/channel/UCFrVMdbYQHkptxQOaqChLpg LinkedIn: https://www.linkedin.com/company/3edge-asset-management-lp Twitter: https://twitter.com/3edgeam
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In trading on Wednesday, shares of the First Trust Tactical High Yield ETF (Symbol: HYLS) crossed above their 200 day moving average of $39.92, changing hands as high as $39.98 per share. First Trust Tactical High Yield shares are currently trading up about 0.3% on the day. T
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Real Estate ETF (Symbol: IYR) where we have detected an approximate $331.8 million dollar outflow -- that's a 9.8% decrease week over w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 1-5 Year Investment Grade Corporate Bond ETF (Symbol: IGSB) where we have detected an approximate $207.1 million dollar inflow -- that's a 0